Chad A. Carder

Partner | Philadelphia, PA


Chad A. Carder, a partner in Barrack, Rodos & Bacine’s Philadelphia office, focuses his practice on securities fraud litigation on behalf of institutional investors and has been an important member of the litigation teams that have prosecuted major securities class actions to their landmark conclusions. He is frequently called on to analyze and address the most complex issues arising in litigation under the federal securities laws, is a highly skilled and published writer vested with primary responsibility for various pleadings and other submissions on behalf of lead plaintiffs in complex securities litigation, and has extensive experience with all phases of document and deposition discovery.  Chad is also a key member of the Firm’s case evaluation and client services group, analyzing the markets for emerging frauds and other corporate misbehavior on behalf of the firm’s clients and advising those clients on the merits of potential causes of action available to them.  He has previously represented defendants in securities class actions and has participated in the successful prosecution of several antitrust class actions.

Before joining BR&B in 2003, Chad served as the judicial law clerk to the Honorable Michael J. Hogan of the New Jersey Superior Court.

Notable Cases

  • In re WorldCom, Inc. Securities Litigation, Master File No. 02-Civ.-3288 (DLC), before the Honorable Denise L. Cote in the Southern District of New York, which yielded a record-breaking recovery of $6.19 billion.
  • In re American International Group, Inc. 2008 Securities Litigation, Master File No. 08-CV-4772-LTS, before the Honorable Laura Taylor Swain in the Souther District of New York, which resulted in a settlement of $970.5 million, among the largest recoveries achieved in a securities fraud class action stemming from the 2008 financial crisis.
  • Pennsylvania Public School Employees’ Retirement System v. Bank of America Corp.,  Civil Action No. 1:11-cv–733-WHP, before the Honorable William H. Pauley, III, in the Southern District of New York, which settled after nearly six years of intensive litigation for $335 million.
  • In re The Mills Corporation Securities Litigation, Civil Action No. 1:06-77, before the Honorable Liam O’Grady in the Eastern District of Virginia, which settled for $202.75 million, the largest securities litigation recovery ever in the Eastern District of Virginia.
  • In re Schering-Plough Securities Litigation, Master File No. 01-CV-0829 (KSH/RJH) before the Honorable Katherine Hayden in the District of New Jersey, which settled for $165 million.

Current Cases

  • In re Vroom, Inc. Securities Litigation, Case No. 1:21-cv-02477-PGG, before the Honorable Paul G. Gardephe in the Southern District of New York.
  • In re Grand Canyon Education, Inc. Securities Litigation, Case No. 1:20-cv-00639-MN-CJB, before the Honorable Jennifer L. Hall in the District of Delaware.
  • Allegheny County Employees’ Retirement System, et al. v. Energy Transfer LP, et al., Case No. 2:20-cv-00200-GAM, before the Honorable Gerald A. McHugh in the Eastern District of Pennsylvania.
  • In re Dentsply Sirona, Inc. Securities Litigation, Case No. 1:18-cv-07253-NG-PK, before the Honorable Nina Gershon in the Eastern District of New York.
  • Kinzler, et al. v. First NBC Bank Holding Company, et al., Case No. 2:16-cv-04243-SM-JVM, before the Honorable Susie Morgan in the Eastern District of Louisiana.
  • In re Generic Pharmaceuticals Pricing Antitrust Litigation, Case No. 2:16-md-02724-CMR, before the Honorable Cynthia M. Rufe in the Eastern District of Pennsylvania.


  • College of William and Mary School of Law
    Williamsburg, VA | J.D. 2002
  • The Ohio State University
    Columbus, OH | B.A. 1999


  • Pennsylvania, 2002
  • New Jersey, 2002
  • U.S. District Court for the District of New Jersey
  • U.S. District Court for the Eastern District of Pennsylvania


  • 15 Years of SOX:  The WorldCom and Enron Securities Cases (with Jeffrey W. Golan)
    Law360 (July 31, 2017), subscription required.
  • Ruling on Admissibility of WorldCom Restatement Could Have Broad Implications
    Barrack Bulletin, Vol. 9 (Fall 2005)